Massachussetts Governor Details $1 Billion Initiative
Friday, July 20, 2007 5:00:00 AM PDT | VentureDeal Staff
MASSACHUSSETS -- State Governor Deval Patrick unveiled the details on a $1 billion life sciences industry initiative.
The bill will allow for $500 million in bonds to be issued for capital projects built by the Massachussetts Life Sciences Center.
Other aspects include $15 million for research grants, fellowships and workforce training, tax credits for qualifying life sciences companies and other favorable tax treatments on life science related entities.
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